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Reciprocal Health (d/b/a Caregiver Jobs Now)

Assist Corporation With Winding Down

Summary:

Assist a social enterprise supporting caregiving professionals with the winding down process.

Referred by:

Jurisdiction(s): Maryland
About the Organization: Caregiver Jobs Now is an online platform for caregiving professionals (e.g., nursing assistants) that allows them to easily apply for jobs while also providing employers with comprehensive background information on applicants.
Legal Entity Type: Nonprofit/Charity
SDG(s): Decent Work and Economic Growth, Good Health and Well Being
Legal Issue(s):

Reciprocal Health is seeking assistance winding down. Importantly, they have a large convertible note with the MD Department of Commerce and are seeking assistance understanding what corresponding obligations they have and how to close properly before the note converts into a loan. If possible, they would also appreciate advice on what to communicate to investors (particularly the MD Department of Commerce).